Market Overview

Kinder Morgan Energy Partners Expands Eagle Ford Shale Footprint, Will Invest $74M

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced it has
entered into an agreement with a large Eagle Ford Shale producer to
extend the Kinder Morgan Crude and Condensate (KMCC) pipeline farther
into the Eagle Ford Shale in South Texas. KMP will invest approximately
$74 million to build an 18-mile, 24-inch diameter lateral pipeline
northwest from its DeWitt Station to a new facility in Gonzales County,
where KMP will construct 300,000 barrels of storage, a pipeline pump
station and truck offloading facilities. The lateral will have a
capacity of 300,000 barrels per day and will enable Kinder Morgan to
batch Eagle Ford crude and condensate from the new Gonzales Station via
KMCC to its delivery points on the Houston Ship Channel and/or the soon

See full press release

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